SeaStar Medical to raise about $3.3 million as investors exercise 854,002 warrants at $3.866 per share
SeaStar Medical Holding Corporation (Nasdaq: ICU) entered definitive agreements on October 2, 2026 for the immediate cash exercise of about 854,002 previously issued warrants from June 2025, July 2025 and August 2025. The exercise price was reduced from $6.38 to $7.62 per share to $3.866 per share. The company expects aggregate gross proceeds of approximately $3.3 million, before deducting placement agent fees and other offering expenses.